Binance Refutes Accusations Of Hack With The Power Of Blockchain by contentjunkie

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binance · @contentjunkie ·
$104.48
Binance Refutes Accusations Of Hack With The Power Of Blockchain
<center>https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kNDIxZDllZmIxMzUyZjA1YzkxYTg1YmEwNjRhNTRmMS5qcGc=.jpg</center>

From Binance
<hr>
<blockquote>
Binance, one of the largest crypto exchanges by trading volume according to CoinMarketCap, has had to continuously refute accusations of a hack since their exchange has unexpectedly  gone offline due to server issues.

The time offline was supposed to only last for several hours, but, similarly to the extended Kraken downtime of over two days in January, Binance has since announced that they will only be back online on Feb. 9 at 4am (UTC) (11:00pm EST).

While Kraken was chastised by its users for its relative silence and only sporadic update during its 48 hours of no service, both the Binance exchange and its CEO Changpeng Zhao have been updating their Twitters about every two hours with progress reports and assurances that they have not been hacked:

<center>![](https://steemitimages.com/DQmaKYpGqz8crx2XX3pUcqLyQTK6xzDQQztJY17yjMRRgco/image.png)</center>
</blockquote>
Read more: https://cointelegraph.com/news/binance-refutes-accusations-of-hack-with-the-power-of-blockchain

<hr>

This is definitely a great example of the value transparent and open ledgers provide society.

<h4>Leave your thoughts in the comments below.</h4>

<hr>

Follow @contentjunkie to stay up to date on more great posts like this one.

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<hr>

<center><h4><strong>Click one of the links below to signup for a free crypto trading account</strong></h4></center>

<div class="pull-right"><a href="https://www.kucoin.com/#/?r=14rgy"><img src="https://steemitimages.com/DQmRxFEaTBZXepQoU6wzX3YxPUYg8zkMH5ecX67HXes6mtE/image.png"></a>
</div>

<div class="pull-left"><a href="https://www.coinbase.com/join/5a3060368da046013533d035"><img src="https://steemitimages.com/DQmQrb5MJgqbRqAabX7gMAKww7b2G7EWyCC3ALz3nuQR4xy/image.png"></a></div>

<center>
<a href="https://www.binance.com/?ref=13619930"><img src="https://steemitimages.com/DQmS8Y5PoVJenL4Qo3WhRg1YWJ9VGcQRhFKQNx8BLePx3iZ/image.png"></a>
</center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 41 others
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vote details (105)
@ender ·
$0.14
Helpful article. I hope it’s not a hack!
πŸ‘  , ,
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@queencrypto100 · 
My heart skipped a beat when I opened my binance earlier today. Then I checked Twitter and it said it was down for maintenance. Whew! I was very relieved.
πŸ‘  ,
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@buildawhale ·
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You got a 3.78% upvote from @buildawhale courtesy of @contentjunkie!
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@appreciator · 
<p>This post has received gratitude of 5.03 % from @appreciator thanks to: @contentjunkie.</p>
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@jerrybanfield ·
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Thank you contentjunkie for making a transfer to me for an upvote of 6.40% on this post! 

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@postpromoter ·
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You got a 3.19% upvote from @postpromoter courtesy of @contentjunkie!

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